'budget centre' can also refer to...

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A section or area of an organization under the responsibility of a manager for which budgets are prepared; these budgets are compared with actual performance as part of the budgetary control process. A budget centre may be a function, department, section, individual, cost centre, or any combination of these that the management wishes to treat as a budget centre. It is usual to produce regular financial statements on the basis of each budget centre so that each budget-centre manager is aware of its budgeted and actual performance and any variances that arise.